route 220 Orford Estrie
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The steps involved in buying a property
Could this property be “the one”? Here’s an overview of the steps involved in becoming the owner. These steps and the legal implications remain the same whether the property is purchased from an individual or through a broker.
One of the first things to do when looking for a property is to get a mortgage preapproval from a financial institution. The goal is to determine borrowing capacity, and as a result, the price range to be looking in.
The property suits the budget and needs? Time to submit an offer to purchase! This document sets out the price, the elements included in the sale, the possession date, the conditions of purchase and all other information relevant to the sale.
The offer to purchase generally includes conditions. The most common are the property passing an inspection, the buyer providing proof of financing and the buyer selling their own property. Once the listed conditions are met, the property is considered sold.
The last step is to see a notary, who is generally chosen by the buyer. This real estate professional drafts the deed of sale and ensures that the interests of all parties involved are respected.
Once the deed of sale is notarized, the new owner gets the keys to the home. All that’s left is to move in!
See our All about buying section.
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Owners’ comments
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Original comments
Beautiful large lot on the waterfront for sale, area: 63,645.9 sq.ft (1.46 acres) with approximately 165 ft. of frontage by 400 ft. of depth. Entirely wooded mainly by deciduous trees and conifers along the Rivière aux Herbages in Orford. The land is located on Route 220 in front of Fortin Road
.Two neighbors are present on the left and right of the land. These neighbours are only present on weekends because it is their second home. There will never be a neighbor in front of the land since this lot is part of Mont Orford Park, nor behind it since this lot is part of the Mont Orford Park expansion project. Trout fishing is possible because the lakes upstream and downstream are stocked every year.
In comparable land equivalent to mine, the values vary between $200,000 and $300,000 and they do not have a river or lake. For a quick sale, the land is listed at $197,500 negotiable
.Beau grand terrain sur le bord de l'eau à vendre, superficie : 63 645,9 pi ca (1,46 acres) faisant environ 165 pi de façade par 400 pi irr. de profond. Entièrement boisé principalement par des arbres feuillus et par des conifères le long de la rivière aux Herbages à Orford. Le terrain est situé sur la route 220 en face du chemin Fortin.
Deux voisins sont présents à gauche et à droite du terrain. Ces voisins sont présents les fins de semaine seulement puisqu'il s'agit de leur résidence secondaire. Il ny aura jamais de voisin en face du terrain puisque ce lot fait partie du parc du Mont Orford, ni en arrière puisque ce lot fait partie du projet d'agrandissement du parc du Mont Orford. La pêche à la truite est possible car les lacs en amont et en aval sont ensemencés à chaque année.
Dans les comparables des terrains équivalents au mien, les valeurs varient entre 200 000$ et 300 000$ et ils n'ont pas de rivière ou de lac. Pour une vente rapide, le terrain est affiché à 197 500$ négociable.